Arbitrum’s total value has surpassed 2 billion dollars. It’s been nearly 2 weeks since the mainnet launch but just over the past week it’s grown over 3 thousand percent. And now it’s become the king of layer 2s by making up around 74% of the layer 2 ecosystem. The urge to bridge over is seemingly caused by two things: the speculation of a native Arbitrum token airdrop and also a yield farm with apy over in the thousands.
